Tvzone Media Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 25, 2019 at 07:23 am EDT
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TVZone Media Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 185.464 million compared to CNY 224.650 million a year ago. Operating loss was CNY 12.519 million compared to operating Income of CNY 20.696 million a year ago. Net loss was CNY 11.648 million compared to net income of CNY 20.714 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to basic earnings per share from continuing operations of CNY 0.207 a year ago.
TVZone Media Co., Ltd. is a China-based company which is mainly engaged in the production and distribution of television and video programs. The Company mainly has two business segments: Video Programs and Related Services Business segment and Teleplay Broadcast Operation Business segment. The Video Programs and Related Services Business segment is mainly engaged in the production and distribution of television, internet and mobile internet video contents and others, such as variety shows, documentary story programs, column dramas and others. The Teleplay Broadcast Operation Business segment is mainly engaged in purchase teleplays for local channels, and provides choreography services, promo production, publicity and planning services.